As General Mtrs Co (GM) Share Value Declined, Santa Barbara Asset Management Has Decreased by $4.59 Million Its Position; Danaher Shs Ben Int (DHR) Shareholder Braun Stacey Associates Decreased Its Position as Market Value Declined

February 24, 2018 - By Louis Casey

Braun Stacey Associates Inc decreased its stake in Danaher Corp Shs Ben Int (DHR) by 19.79% based on its latest 2017Q3 regulatory filing with the SEC. Braun Stacey Associates Inc sold 30,933 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 125,348 shares of the industrial machinery and components company at the end of 2017Q3, valued at $10.75M, down from 156,281 at the end of the previous reported quarter. Braun Stacey Associates Inc who had been investing in Danaher Corp Shs Ben Int for a number of months, seems to be less bullish one the $69.29 billion market cap company. The stock increased 2.02% or $1.97 during the last trading session, reaching $99.33. About 1.65M shares traded. Danaher Corporation (NYSE:DHR) has risen 10.62% since February 24, 2017 and is uptrending. It has underperformed by 6.08% the S&P500.

Santa Barbara Asset Management Llc decreased its stake in General Mtrs Co (GM) by 2.93% based on its latest 2017Q3 regulatory filing with the SEC. Santa Barbara Asset Management Llc sold 114,826 shares as the company’s stock declined 12.09% while stock markets rallied. The institutional investor held 3.80 million shares of the auto manufacturing company at the end of 2017Q3, valued at $153.39 million, down from 3.91M at the end of the previous reported quarter. Santa Barbara Asset Management Llc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $57.38B market cap company. It closed at $40.91 lastly. It is down 7.92% since February 24, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.




Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Danaher Corporation had 85 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Danaher Corporation (NYSE:DHR) has “Neutral” rating given on Monday, April 25 by Sterne Agee CRT. On Wednesday, September 13 the stock rating was maintained by Jefferies with “Buy”. RBC Capital Markets maintained the shares of DHR in report on Monday, July 10 with “Hold” rating. RBC Capital Markets maintained the shares of DHR in report on Friday, April 21 with “Sector Perform” rating. Citigroup initiated Danaher Corporation (NYSE:DHR) on Thursday, January 21 with “Neutral” rating. The stock of Danaher Corporation (NYSE:DHR) earned “Buy” rating by Argus Research on Thursday, February 1. RBC Capital Markets maintained Danaher Corporation (NYSE:DHR) rating on Friday, October 23. RBC Capital Markets has “Sector Perform” rating and $92 target. The firm has “Buy” rating by Jefferies given on Tuesday, January 30. As per Wednesday, June 7, the company rating was downgraded by Janney Capital. As per Thursday, May 25, the company rating was maintained by Credit Suisse.

Analysts await Danaher Corporation (NYSE:DHR) to report earnings on April, 19. They expect $0.93 EPS, up 9.41% or $0.08 from last year’s $0.85 per share. DHR’s profit will be $648.74 million for 26.70 P/E if the $0.93 EPS becomes a reality. After $1.19 actual EPS reported by Danaher Corporation for the previous quarter, Wall Street now forecasts -21.85% negative EPS growth.

Since August 31, 2017, it had 0 buys, and 7 sales for $37.83 million activity. Shares for $13.37M were sold by DANIEL WILLIAM K on Friday, February 2. Another trade for 42,988 shares valued at $4.40M was made by Lalor Angela S on Friday, February 2. The insider COMAS DANIEL L sold 62,989 shares worth $6.42M. $960,736 worth of stock was sold by EHRLICH DONALD J on Tuesday, October 24. The insider King William sold $3.62 million.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.40, from 1.41 in 2017Q2. It worsened, as 58 investors sold DHR shares while 367 reduced holdings. 78 funds opened positions while 352 raised stakes. 511.08 million shares or 0.43% more from 508.92 million shares in 2017Q2 were reported. California-based Montecito Bank & Trust Trust has invested 0.18% in Danaher Corporation (NYSE:DHR). Ardevora Asset Management Limited Liability Partnership has invested 0.8% in Danaher Corporation (NYSE:DHR). Ally Fincl, a Michigan-based fund reported 10,000 shares. Torray Ltd has invested 1.9% of its portfolio in Danaher Corporation (NYSE:DHR). Aristotle Capital Lc holds 2.72% or 4.08M shares in its portfolio. Hikari Tsushin holds 65,135 shares. Norinchukin Bancorp The reported 148,030 shares. Advisor Lc invested 0.21% in Danaher Corporation (NYSE:DHR). Allen Investment Management Ltd Liability Company stated it has 1.09M shares. Hudson Valley Inv Advsrs Inc Adv holds 8,881 shares or 0.2% of its portfolio. Bank Pictet Cie (Asia) owns 24,750 shares for 1% of their portfolio. Cambridge Advsr reported 19,932 shares. Brown Capital Mngmt Limited Com accumulated 0% or 3,891 shares. Eastern Savings Bank accumulated 127,489 shares. Balyasny Asset Management Ltd Com holds 872,278 shares.

Braun Stacey Associates Inc, which manages about $3.55 billion and $1.46B US Long portfolio, upped its stake in Mcdonalds Corp (NYSE:MCD) by 3,012 shares to 15,662 shares, valued at $2.45 million in 2017Q3, according to the filing. It also increased its holding in Xylem Inc Com (NYSE:XYL) by 10,015 shares in the quarter, for a total of 33,675 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Tuesday, December 19 to “Outperform”. Credit Suisse upgraded it to “Outperform” rating and $38 target in Monday, January 11 report. Seaport Global initiated General Motors Company (NYSE:GM) rating on Tuesday, August 9. Seaport Global has “Buy” rating and $42 target. The company was maintained on Friday, July 24 by RBC Capital Markets. The rating was maintained by Jefferies on Monday, October 30 with “Hold”. The stock has “Hold” rating by Barclays Capital on Monday, September 21. Piper Jaffray maintained the shares of GM in report on Monday, September 11 with “Buy” rating. The company was maintained on Wednesday, September 2 by Citigroup. The company was maintained on Monday, October 16 by Piper Jaffray. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, July 25.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.15, from 1.02 in 2017Q2. It is negative, as 66 investors sold GM shares while 322 reduced holdings. 96 funds opened positions while 242 raised stakes. 1.01 billion shares or 1.95% less from 1.03 billion shares in 2017Q2 were reported. 79,300 are held by Argyle Capital Management. Advisor Lc has 0.17% invested in General Motors Company (NYSE:GM) for 21,302 shares. Moreover, Arrowmark Colorado Ltd Liability has 0.11% invested in General Motors Company (NYSE:GM) for 239,665 shares. Cadence Cap Ltd Com holds 194,980 shares or 0.49% of its portfolio. The New York-based Lvw Ltd has invested 0.09% in General Motors Company (NYSE:GM). Whittier Trust stated it has 465 shares or 0% of all its holdings. Paradigm Financial Limited Liability Corporation has 7,462 shares. Jpmorgan Chase And Com holds 0.09% or 10.60 million shares. Washington Trust Bankshares accumulated 18,831 shares or 0.12% of the stock. Prudential Public Ltd owns 5.92M shares. Peddock Advisors Ltd Limited Liability Company invested in 2,218 shares or 0.05% of the stock. Bank Of Nova Scotia accumulated 190 shares or 0% of the stock. Advsrs Asset Management has invested 0.04% in General Motors Company (NYSE:GM). Synovus Financial Corporation holds 0.02% or 25,204 shares. Jefferies Group Inc Lc accumulated 41,115 shares or 0.01% of the stock.

Santa Barbara Asset Management Llc, which manages about $4.47 billion and $6.28B US Long portfolio, upped its stake in Phillips 66 (NYSE:PSX) by 10,734 shares to 2.22M shares, valued at $203.24M in 2017Q3, according to the filing. It also increased its holding in Chubb Limited by 11,603 shares in the quarter, for a total of 933,068 shares, and has risen its stake in Extra Space Storage Inc (NYSE:EXR).

Analysts await General Motors Company (NYSE:GM) to report earnings on April, 27. They expect $1.31 EPS, down 22.94% or $0.39 from last year’s $1.7 per share. GM’s profit will be $1.84 billion for 7.81 P/E if the $1.31 EPS becomes a reality. After $1.65 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts -20.61% negative EPS growth.

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